If you forgive a promissory note you can write it off us income tax as a bad debt.
Yes, I can help with tax problems.
One can go to a tax adviser when it comes to dealing with tax problems with the IRS, usually if one has a personal tax adviser, the adviser will deal with the problems for you.
An attorney is the second best option for solving tax problems. The best option for solving tax problems is honesty. Be honest all the time, and one will never have a tax problem.
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Do you require assistance with tax issues?
A CPA can assist with resolving tax problems by providing expert advice on tax laws, preparing accurate tax returns, representing clients in dealings with tax authorities, and helping to develop strategies to minimize tax liabilities.
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There are several organizations that offer consumers help with tax problem. One good example would be Tax Resolution that have been helping people with tax problems since 1998.
Thomas Parvin Glassmoyer has written: 'Legal problems in tax returns (January 1952)' 'Legal problems in tax returns' -- subject(s): Income tax
The most common tax problems faced by individuals and businesses include failure to file tax returns, underreporting income, claiming improper deductions, late payment of taxes, and tax audits.
no tax policy
You can seek help with IRS problems from tax professionals such as enrolled agents, certified public accountants (CPAs), and tax attorneys. These professionals have the expertise to assist you with tax issues and represent you before the IRS.